June 23, 2022

On May 25, 2022, the court set a status hearing for June 23, 2022 (unless an agreed order for a preliminary injunction is entered beforehand). The time of the status hearing and dial-in information for the status hearing will be provided on this page when they become known to the receiver.


May 11, 2022

On May 11, 2022, the Court issued an order appointing James L. Kopecky as Temporary Receiver. Mr. Kopecky is represented by the law firm of Kopecky Schumacher Rosenburg LLC.


May 10, 2022

On May 10, 2022, the Commodity Futures Trading Commission filed a complaint in the United States District Court for the Northern District of Illinois, captioned Commodity Futures Trading Commission v. Sam Ikkurty a/k/a/ Sreenivas I Rao, Ravishankar Avadhanam, and Jafia LLC, Defendants, and Ikkurty Capital, LLC d/b/a/ Rose City Income Fund, Rose City Income Fund II LP, and Seneca Ventures, LLC, Relief Defendants, Case No. 22-cv-05465.

Information pertinent to the receivership will be posted to this site.

*Please note that the receiver cannot offer you legal or tax advice. For such advice you should contact a qualified legal or tax professional